The TipRanks All-Star Analyst of the Day title goes to Joseph Vafi of research firm Canaccord Genuity. Remarkably, Vafi ranks #191 out of the 8,778 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Microstrategy (NASDAQ:MSTR), for which he is the Most Accurate and Most Profitable analyst.
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MSTR is a business intelligence software company known for its analytics and mobility platform. It enables organizations to analyze and leverage their data effectively.
Most Profitable and Accurate Analyst on MSTR Stock
When we look at Vafi’s recommendation for Microstrategy stock, we see that over the past year, Vafi has had a 62% success rate on the stock. Plus, he has earned an impressive average return of 82.91% in the said period.
On an overall basis, copying Vafi’s trades and holding them for a year would give you an average return of 25%, with 51% of your trades generating a profit.
Not Just MSTR
Vafi primarily focuses on covering the general sector in the U.S., U.K., and Canadian markets. Importantly, his most profitable rating to date was a Buy on Silvergate Capital (SICP). SICP is a financial services company that provides innovative banking solutions for digital currency businesses. The analyst earned a massive 800% return on the call between March 16, 2020, and March 16, 2021.
Following phenomenally successful analysts’ ratings can add profit to your portfolio. Find the best analyst to follow for any stock by scrolling down to the “Best Analyst Covering” feature on its Analyst Forecast page.
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